Report Highlights
The global market for workflow management systems is estimated to increase from $5.8 billion in 2021 to $18.7 billion by 2026, at a compound annual growth rate (CAGR) of 26.3% during the analysis period of 2021-2026.
Report Includes
- 63 data tables
- An up-to-date review and analysis of the global markets for workflow management systems (WFMS)
- Analyses of the global market trends, with historic data from 2020 and 2021, estimates for 2022 and 2024, and projections of compound annual growth rates (CAGRs) through 2026
- Highlights of the upcoming market potential for workflow management systems software and services, and areas of focus to forecast this market into various segments and sub-segments
- Evaluation and forecast the global WFMS market size, forecasted growth trends, and corresponding market share analysis by component, deployment type, organization size, end-user industry, and region
- In-depth information (facts and figures) concerning market drivers, market deterrents and other demographic and economic factors that will drive future demand for this market
- Identification of the companies best positioned to meet this demand, because of their proprietary technologies, strategic alliances, or other development advantages
- Review of recent industry trends, value chain analysis, competitive landscape, and COVID-19 implications on the global workflow management system market
- Key merger and acquisition deals, product launches and developments, partnerships, agreements, and collaborations within the market for workflow management system
- Company profiles of the major global players, including IBM Corp., Oracle Corp., SAP SE, TIBCO Software Inc., Newgen Software Technologies, Xerox Corp., and Wrike Inc.
Report Scope
This report provides an overview of the global market for workflow management systems and analyzes market trends. Using 2020 as the base year, the report provides estimated market data for the forecast period 2021 through 2026. Revenue forecasts for this period are segmented based on component, deployment type, organization size, industry and region.
The report also focuses on the major trends and challenges that affect the market and the competitive landscape. It explains the current market trends and provides detailed profiles of the major players and the strategies they adopt to enhance their market presence.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2020 | ||||||||||||||||||||||||||||||
| Forecast period considered | 2021-2026 | ||||||||||||||||||||||||||||||
| Base year market size | $4.7 billion | ||||||||||||||||||||||||||||||
| Market size forecast | $18.6 billion | ||||||||||||||||||||||||||||||
| Growth rate | CAGR of 26.3% from 2021 to 2026 | ||||||||||||||||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||||||||||||||||
| Segments covered | Component, Deployment Type, Organization Size, End-User Industry | ||||||||||||||||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, Rest of the World (RoW) | ||||||||||||||||||||||||||||||
| Countries covered | U.S., Canada, Mexico, Germany, France, U.K, Russia, Rest of Europe, Japan, China, India, South Korea, Rest of Asia-Pacific, South America, Middle East, Africa | ||||||||||||||||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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